Stock Market & Financial Investment News

Greenbrier downgraded at SusquehannaAs reported previously, Susquehanna downgraded Greenbrier to Neutral from Positive citing a lack of near term catalysts. The firm lowered its price target on the shares to $51 from $59.

Greenbrier order flow impressive, says Sterne AgeeAfter Greenbrier announced yesterday that it received 10.1K orders in the February quarter, Sterne Agee says that the company's strong order flow is especially impressive since it likely excludes much of the effect of crude by rail tank orders related to the new tank car standards expected in May. The firm says that Greenbrier's backlog now essentially covers about two years worth of deliveries. It keeps an $84 price target and Buy rating on the shares.